WGU C236 - COMP AND BENEFIT STUDY GUIDE

WGU C236 - COMP AND BENEFIT
STUDY GUIDE



Total66Rewards66-66answer--all66forms66of66pay66including66cash66benefits,66tangiable/
intangiable66etc...

what66forms66of66pay66are66invoved66in66Total66Reward66for66the66Organization?66-
66answer--cash,66benefits,66intangiables.


cash66compensation66-66answer--
____________66influences66the66employee66in66an66organization

HR66Generalist66impacts66compensation66by.66-66answer--
making66the66reward66strategy66and66a66business66strategy66line66up.

Compensation66Manager's66responsibility66in66the66compensation66plan?66-66answer--
improve66compensation66systems66and66beter66enable66the66organization66to66meet66go
als.

What66are66the66forms66of66pay66and66compensation?66Define66Each?66-66answer--
cash66compensation66-
661.66monetery66pay66exchanged66for66work66base66pay66(hourly66or66salary)662..66varia
ble66pay-66bonus66or66commission

Intangiable66rewards66-66answer--
meaningful66work,66positive66relationships,66work66location

The66outcomes66of66a66___________________66represent66the66goals66or66the66criteria
66by66which66a66rewards66system66can66be66judged?66-66answer--total66rewards66system


_______________66comprises66the66joint66or66collective66actions66of66groups66of66empl
oyees66?66-66answer--Team66Performance

An66objective66of66a66total66rewards66system66is66to66___________________66-
66answer--sustain66quality66performance66in66each66area66over66time


Define66the66concept66of66Organiztaional66Citizenship66Behaviors66(OCB)66-66answer--
value66creating66activities66in66which66employees66engage66but66its66not66part66of66their6
6job.

, Explain66Organizational66Performance.66-66answer--
effectiveness66at66meeting66needs,66new66product,66gains66in66parket,66shares,66financi
al66gain.

How66are66Cost66and66Efficiency66related66to66the66outcomes66of66the66rewards66Syste
m66-66answer--
the66cost66of66the66rewards66system66is66a66large66expense66that66is66a66huge66investm
ent66for66human66capital.

Which66of66the66following66does66organiztainal66performance66not66include?66-
66answer--Developing66employees


Which66of66the66following66laws66relates66to66total66rewards?66-66answer--
Civil66Rights66Laws

Which66of66the66following66is66not66considered66a66guide66to66fairness66in66total66reward
s?66-66answer--Extreme

Business66Strategy66-66answer--
the66collection66of66decisions,66approaches,66and66activities66that66allow66an66organizati
on66to66compete66and66win.

What66does66a66Cost66Leadership66Strategy66emphasize?66-66answer--
focuses66business66priorities66on66having66a66lower66cost66product66or66service66as66a66
high66priority.

differentiation66strategy?66-66answer--
high66priority66is66placed66on66providing66innovative,66exceptional,66and66high-
quality66products66to66customers.

Niche-Focused66Strategy66-66answer--
company66uses66a66small66segmented66market66and66competes66only66in66that66arena.

Hybrid66Strategy66-66answer--has66cost-differentiation,66and66niche-
focused66approach66to66business.66(takes66a66multi-faceted66focus)

critical66success66factors66and66how66an66organization66can66use66the66process66-
66answer--
capabilities,66activities,66customer66perceptions,66market66positions66that66allow66an66or
ganization66to66outcompete66rivals.

Human66Resource66Strategy?66-66answer--
policies,66practices,66systems66that66manage66the66interface66between66company66and66
employees,66long-term66performance